Bank Islam Visa Gold Credit Card-i
Shariah-compliant card with up to 3% cashback at halal merchants and free Takaful coverage.
Eligibility
Minimum Monthly Income
RM 2,000 (RM 24,000 annually)
Min. Age
Cardholder: 21 years old
Supplementary Cardholder: 18 years old
Resident Status
Anybody
Documents required to apply
You will need to provide several documents such as (varies between different banks):
- A copy of your IC (both sides)
- Latest 3 months salary slip or
- Letter of Employment or
- Latest EPF statement or
- Latest EA and BE Form
Fees & Charges
Profit Rate
13.5% - 17.5%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Swiped your credit card at least 12 times in a year
Late Payment Compensation
RM 50 or 5% of the outstanding amount, whichever is higher
Profit Rate
13.5%
Features
Up to 3% cashback on Online, Auto Billing, Grocery and Dining transactions, capped at RM30 per month. Spend RM500 or more locally to earn unlimited 0.1% cashback.
Pay for purchases at selected retail merchants in up to 36 monthly instalments at 0% interest.
Transfer outstanding balances from other credit cards to this card at a profit rate from 3.88% p.a., with repayment terms of up to 36 months.
Get complimentary Group Family Takaful covering death and total permanent disability up to RM100,000, plus RM1,000 in funeral expenses benefit. Terms apply.
Terms and Conditions
Product review by CompareHero
The credit card will be your handy companion, especially if you prefer to shop at Halal certified merchants only. The Bank Islam Visa Gold Credit Card-i is a Shariah-based credit card that offers various rewards, discounts and many more. Following the Tawarruq contract period, you’ll have to own this credit card for 3 years, but we’re positive that you wouldn’t mind owning this credit card that long!
Enjoy low-interest rates
Unlike most credit cards around, the Bank Islam Visa Gold Credit Card-i offers a much lower interest rate which is 13.5% a year whereas usually, it would be 15% a year. At the most, the highest interest rate is only at 17.5% a year.
Earn up to 3% cashback for your monthly spending
Spend on Online, Auto Billings, Grocery and Dining transactions to receive up to 3% cashback every month. However, this only applies if the retail store is a Halal merchant. Also, get an unlimited 0.1% cashback when you spend at least RM500 and above monthly for your local spending
Get free Takaful Coverage
It can be pretty costly to get a Takaful Coverage for you and your family. With the Bank Islam Visa Gold Credit Card-i, you can get it for free! Worry less because now you don’t have to break the bank in order to pay for it.
Save more money on annual fees
The Bank Islam Visa Gold Credit Card-i also offers a way for all cardholders to be exempted from the annual fees. All you have to do is perform at least 12 swipes in a year, and you won’t have to pay the annual fees at all! It’s not a difficult requirement either, you could simply swipe your card to pay for all your monthly expenses and you’ll be good to go.
Frequently Asked Questions (FAQ)
How do I apply for the Bank Islam Visa Gold Credit Card-i?
What are the Bank Islam Visa Gold Credit Card-i requirements?
Is there an annual fee for the Bank Islam Visa Gold Credit Card-i?
What are the fees or charges applied for the Bank Islam Visa Gold Credit Card-i?
What are the top benefits of the Bank Islam Visa Gold Credit Card-i?
• Receive up to 3% cashback every month for Online, Auto Billings, Grocery and Dining transactions
• Low interest rates
• Annual fee can be waived if make minimum 12 swipes in a year
• Free Takaful coverage